“If by a "Liberal" they mean someone who looks ahead and not behind, someone who welcomes new ideas without rigid reactions, someone who cares about the welfare of the people-their health, their housing, their schools, their jobs, their civil rights and their civil liberties-someone who believes we can break through the stalemate and suspicions that grip us in our policies abroad, if that is what they mean by a "Liberal", then I'm proud to say I'm a "Liberal.”
John F. Kennedy, Profiles in Courage

Poverty in America

Robert Reich Explains the Economy

Tea Party Pubic Service Announcement

July 10, 2011

The Corporate Tax Index (or not sharing the tax burden while enjoying all the benefits of government services)


115 - The number of S&P 500 companies that pay less than 20% in taxes

35% - The official corporate tax rate

37 - The number of companies receiving more in tax credits than they paid

$17.587 billion - Boeing Corporation’s pretax income for 2010

-0.1% Per cent Boeing Corporation paid in US taxes in 2010

$3 million - Tax rebate earned by Boeing in 2010

$3.512 billion - Amazon’s pretax income for 2010

4.33% - Per cent Amazon paid in US taxes in 2010

$14.2 billion - General Electric’s earnings in 2010

$0 - Federal taxes paid by General Electric in 2010

$3.2 billion - Tax subsidy earned by General Electric in 2010

-64.0% General electric’s effective 2010 US tax rate

$10.8 billion - Google’s 2010 earnings

$0 - Federal taxes paid by Google in 2010

$19.7 billion - IBM’s earnings for 2010

$0 - Federal taxes paid by IBM in 2010

$190 million - Tax subsidy earned by IBM in 2010

$9.4 billion - Pfizer’s 2010 earnings

$0 - Federal taxes paid by Pfizer in 2010

$29.8 billion - Federal tax credits for R & D, mostly to pharmaceuticals

$7.419 billion - Exxon Mobil US profit in 2010

$0 - Federal taxes paid by ExxonMobil in 2010

$992 million - Federal tax subsidies earned by ExxonMobil in 2010

$26.5 billion - Federal subsidies to oil companies over last ten years

$952 billion - Big five oil company profits over last ten years

$ 6 billion - Federal subsidy for ethanol from corn

24% - Per cent of US corn crop devoted to ethanol

128% - Increase in price of bushel of corn in last year

$102 billion - Annual cost to federal government for corporate tax breaks

$100 billion - Proposed cut to federal Medicaid program

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